Credit Flexibility and Economic Outlook as 1921 Opens
Bank leaders like George I Roberts and J S Alexander warn that 1921 will see renewed efforts to balance wages, prices, and production. They note world trade disruption from war, and demand a coordinated cut in goods prices to restore fiscal stability while credit remains strong. They expect a gradual business revival once balance is restored and consumer buying picks up in the year.
MENTIONED IN THIS ARTICLE
George i. Roberts
National City Bank
United States
Farher
Wuhe
Jr. C. Waudhnan
Kathanm and Phoenis National Bank
Counrie
Aquidaston
Wauts
Jones S. Alexander
National Bank of Commmerce
Woneselt
Nias Pear
Alexander Held
Business Outlook As Seen By Basics
A scan of prominent New York bankers and business leaders outlines the general economic outlook. Discussed are deflationary pressure, wage trends, inflation, and the need for coordinated policy to curb rising costs and sustain commerce amid international competition.
MENTIONED IN THIS ARTICLE
Sea York
Bee
HLI
New York
Couriise
Contienes
Chaves de Sabla
Chiagentes Trust Co
Natloaidl Bank of Commerce
New York bakers call for steadier business path
The International News Service reports New York bakers reject sweeping statements but urge a sound, stable recovery. They warn only with shared cuts among employers, workers, and merchants can commodities and services stabilize. Bankers say bankruptcy risks persist. experts cite war impacts and credit readiness as key factors shaping months ahead.
MENTIONED IN THIS ARTICLE
New York
Chaebes
Sabin
Cumaccanus Trust Co
Zeta
Nalse
Opposition 78 Omnibus Take Bill Expected Opposition
Washington December 31 The omnibus tariff bill faces expected opposition as Senator Boies Penrose of Pennsylvania, returning to Washington, informs Republican colleagues the bill is ill advised and unwise. Penrose, as anticipated Senate Finance chairman, may supersede Acting Chairman McCumber of North Dakota in guiding proceedings.
MENTIONED IN THIS ARTICLE
Cent
Washington
Boies Penrose
Pennsylvania
Penrose
Wardman Park Joy
Senate Finance Committee
Senate
McCumber
North Dakota
Five Hundred Sailors In Front Of City Hall Riot
Philadelphia December 41 crowds lined sidewalks as 600 sailors clashed in a free for all battle before city hall. Police struggled for hours to disperse the melee with riot calls and attempts to restore order. The clash stemmed from a feud between Columbia and Minnesota sailors over an insult towards Klinnesoata’s crew.
MENTIONED IN THIS ARTICLE
Philadelphia
City Hall
Columbia
Minnesota
Klinnesoata
Chicago bankers predict steady 1921 price stabilization
Chicago bankers forecast general price stabilization and a year of steady improvement in conditions for 1921. They expect credit and currency expansion to ease, with a construction push to absorb labor and curb credit excess, while urging careful credit limits to fund domestic and international production.
MENTIONED IN THIS ARTICLE
Chicago
International News Service
George M
Resnolds
Continental and
Wathomal Bak
Reynolds
United States
Avoitius
Community Christmas Fund Drive Appeal in Nau ratuck
The Community Christmas Tree committee makes a final appeal for contributions from residents of Nau ratuck to start a yearly fund for the celebration. Send donations to Miss K Maude Smith at the Working Girls club or leave with Ws Jaton at the National Bank. Both large and small gifts are welcomed to support the local holiday spirit.
MENTIONED IN THIS ARTICLE
Nauratuck
K. Maude Smith
Working Girls? Club
Ws Jaton
National Bank
Million Dollar Whiskey Ring Fraud Alleged
Federal prohibition agents in New York followed up on a nationwide conspiracy to steal whiskey from warehouses after arresting two women clerks in the state prohibition director’s office and two men. Notebooks, telegrams, and about $40,000 cash were seized. bail ranged from 50,000 to 260,000 with no delay in postings.
MENTIONED IN THIS ARTICLE
State Prohibition Director’s Office
Mary C. Parking
Regina Sassone
Edward Donegan
Brooklyn
Pennsylvania
Donegan
Western Union credit practice ruled unjust by ICC
The Interstate Commerce Commission ruled Western Union Telegraph Company credit practices for tolls unfair while granting general credit to others. It issued an order requiring reasonable future practices in line with the commission’s decision.
MENTIONED IN THIS ARTICLE
Washington
Wee
Western Union Telegraph
Postal Telegraph Company
Interstates Commerce Commission
Commission
Doctor sets bones by wireless on seafaring liner
Due to rough seas Dr Patrick Burns of Providence R I directed via wireless the setting of broken bones of several seamen aboard the liner Winifredian alongside the Mena pier for four days. The injured were reported to be out of danger.
MENTIONED IN THIS ARTICLE
Dr. Patrick &. Burns
Providence
R. I
Sturgeon
Winifredian
Menapier
Wireleas
Winifredian Inn
Shilovs
Gompers Urges Labor to Grit Teeth and Organize
Samuel Gompers, head of the AFL, foresees a year of solemn portent for labor yet urges workers to grit their teeth and organize. He warns against wage cuts, anti union sentiment, and autocratic forces, calling for unity, courage, and invincible labor in defense of liberty and democracy.
MENTIONED IN THIS ARTICLE
Labor
American Federation of Labor
Washington
Samuel Gompers
Nestor
American Labor Movement
Gompers
De Valera Returns to the Emerald Isle from America
New York’s Dec 31 report states Eammon De Valera has reached Ireland. Secretary Harry Boland says De Valera sent messages from home and that a farewell note was left for Irish supporters. Boland declined to reveal how he left the U S or the route taken.
Caruso Spent Night Comfortably After Pleura Drainage
New York Dec 31 Isarico Caruso spent a fairly comfortable night and rested more easily this morning following the second operation to drain pus from the pleural cavity. The nurse said he slept off and on with some relief from pain. Dr Phillip Horrowitz stayed with the tenor, Mrs Caruso aided nurses and was with her husband late at night. The International News Service denied reports that part of Caruso's tile was removed in the operation. About fifty two ounces of pus were drained from the pleura during the second operation, Dr John Erdman reported.
MENTIONED IN THIS ARTICLE
New York
Isarico Caruso
Phillip Horrowitz
Caruso
John JF. Erdman
Rescue Vessels Enroute From Norfolk Report Fuel Water Shortage
Rescue ships bound for the steamer Dauperata departed Norfolk Virginia reporting the vessel without fuel oil and water. An advisory from the shipping board noted the distress 600 miles east of Cape Henry as of today.
MENTIONED IN THIS ARTICLE
Nesene
Norfolk
Dee
Ayere Enroute
Shipping
Dauperata
Cape
Henry
Bank Robber Killed In Springfield Hold Up Near Nashville
An unidentified bandit attempting to rob the Springfield People's Bank near Nashville was shot and killed by Sheriff A L Jett during a running gun battle with officers and armed citizens. Bank officials were briefly held at bay while bonds valued at about $50,000 were seized. One official was wounded in the leg.
MENTIONED IN THIS ARTICLE
Bandit
Nashville
Tenn
People’s Bank
Springfield
Jett
Richards Wins National Junior Indoor Tennis Title
Vincent Richards of Yonkers won the national junior indoor tennis singles championship for the third straight year in New York. He defeated Jerry Lang of New York by scores of 6-8 5-3 8-6 in a tight final.
Globe Crusade Against Dumped American Shoes
The Globe announces a campaign against dumping American boots in Britain. It claims 2,000,000 pairs were bought in one year and sold at 2 21 per pair, about one third the price of British shoes of similar quality.
MENTIONED IN THIS ARTICLE
London
The
Globe Today
Great Britain
Money market concerns discussed at Marion conference
In Marion Ohio on December 81 Jack Royle reports Senator Harding met with Willim Hays and Senator Philander Knox to discuss tightening money markets after January 1 and the impact on business and employment. Hays expects stringency in January February while Knox stresses Germany indemnity and a possible league of nations association to address domestic farmers and businessmen.
MENTIONED IN THIS ARTICLE
Harding
Willim Hays
Republican National Committee
Marion
Hays
Philander C. Knox
Association of Nations
Knox
League of Nations
Germany
Meriden Man Fined For Liquor Law Violation
Meriden hour long raid on Morse Norton block center seized moonshine whiskey and alcohol. John Hunshen, 65, fined 100 dollars plus costs in police court for violation of the state liquor law. He admitted accomplices but claimed sole responsibility. case turned to federal officials for Volstead act charges.
MENTIONED IN THIS ARTICLE
Meriden
John .Kunihen
Morse & Norton
Hunshen
Hamihen
Dog Gave Fire Alarm in Fifth Avenue District
A bull terrier dog woke the Boanard family in a basement apartment at 19 West Thirty-second Street in New York on a fire alarm. The blaze forced about 30 residents on upper floors to flee in their night clothes as smoke filled the building. Damage reached 1500 dollars. Prominent residents watched from Fifth Avenue windows.
MENTIONED IN THIS ARTICLE
New York
Francis Boanard
West Thirty-second Street
Fifth Avenue
Frederick HK. Vangterbilt
Cornelius Vanderbilt
Boanard
Mrs MacSwiney to sail home after New York honors
Mrs Muriel MacSwiney widow of the lord mayor of Cork will receive the freedom of the city of New York in a final ceremony this afternoon before sailing home tomorrow. Fifty prominent New York women Mayor Wylan Irish sympathizers and the Sixty-ninth Regiment band will attend to honor the little Irish woman who came to testify on present conditions in law before a committee selected by the nation.
MENTIONED IN THIS ARTICLE
New York
Muriel MacSwiney
Gork
Wylan
Sixty-ninth Regiment
Waterbury Men Hurt In Auto Collision Near Tarrytown
Sed Harty and Miles Slingsworth of Waterbury were driven home after a collision with a motor truck near Tarrytown New York. H. C. Galbreth remains in a hospital in serious condition.
MENTIONED IN THIS ARTICLE
Waterbury
Sed Harty
Miles Slingsworth
Meriden
H. C. Gelbreth
Tarrytown
N. Y
Galbreth
Also Mentioned on This Page
Ankers
Prince OF Wales
Margaret of
Denmark
England
Christian
Alexandrine
Alexandra
Ployd MacCiritt
Titernattotal Waaws
J. Hart Campbell
International
News Service
Mora
Philadelphia Police
James B. Forgan
First National Bank of
Chi- Caro
Forgan
America
Annie Morgan
Miss Morgan
American Committee For
Prohibition
Says Gompers
Mildred
Morris, International
DE Valera
Semerald Isle
Eammon de Valera
Irish Republic
Harry Boland
Ireland
Boland
Erin
Land of the Free
Liberty
Rin
Bammon de Valera
Terence MacSwiney
Republic of Ireland
Cork
City of
Enor
A. L. Jewt
Ohio
Jack Royle
T. N.S
Meriden Man
Fifth Avenue District
Acci
Tarrytown, N. Y
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